Arteta will develop the project with Ol Parker penning the script. Laura Sandler and Amanda Harlib wrote the first draft.

Based on the novel by “Silver Linings Playbook” author Matthew Quick, the story follows Amber Appleton, a high school senior who secretly lives in the back of a school bus after being booted out of the house by her mother’s boyfriend. The bus, which is called Hello Yellow, is the same one that her mother uses to drive kids to school. With unyielding optimism, Amber is put to the test after a fatal tragedy.

The film will be produced by Temple Hill’s Wyck Godfrey and Marty Bowen and Gotham Group’s Lee Stollman and Ellen Goldsmith-Vein.

Arteta last directed Disney’s “Alexander and the Terrible, Horrible, No Good, Very Bad Day,” starring Steve Carell and Jennifer Garner. Parker’s credits include “The Best Exotic Marigold Hotel” and its sequel “The Second Best Exotic Marigold Hotel.”